Nintendo Q1 profit grows 4%, beating estimates on Switch 2 launch
Nintendo on Friday said operating profit grew 4% to 56.9 billion yen ($378 million) in the April-June quarter, beating analyst estimates.
The Kyoto-based gaming company said it sold 5.82 million units of the Switch 2, which went on sale on June 5, during the quarter.
The successor to the hit home-portable Switch gaming device launched in the midst of US Donald Trump’s trade war, testing Nintendo’s supply chain management.
